Latest Market News, Updates & Statistics 

Housing Market Update for July 2024 (Video)

Posted on Aug 09, 2024 in Market Insights Videos


The trend of buyers remaining hesitant, that began a few months ago, continued in the July data despite a fresh quarter percentage point cut to the Bank of Canada’s policy rate.

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More selection not translating to more transactions

Posted on Aug 03, 2024 in Vancouver Update



Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 housing market.

On the demand side, the Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,333 in July 2024, a 5...

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Home Sales Continue at Below Average Pace in June

Posted on Jul 15, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in June 2024 was up 1 per cent at $998,159 compared to an average price of $988,632 in June 2023. The t...

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Housing Market Update for June 2024 (Video)

Posted on Jul 09, 2024 in Market Insights Videos


Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

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